Lawyers for Shoei Kisen Kaisha, the owner of the Ever Given which ran aground in the Suez Canal in March, have blamed the Suez Canal Authority (SCA) for the accident, and are claiming US$100,000 in initial compensation for the detention of the vessel. Earlier this month the SCA dropped its claim against Shoei Kisen by […]

HMM has diverted a chartered multi-purpose vessel, from its breakbulk service, to fulfill an extra loader service between Busan and the US East Coast. The ship, MPV Urania, can carry 1,800TEU and departed Busan for on 20 May. Loaded with 1,474TEU of containers from South Korean exporters, MPV Urania is scheduled to arrive in Savannah […]

The reefer containers onboard NYK Delhinus are currently not provided with electricity due to the unavailability of power supply aboard the vessel, which lost power following an engine room fire, according to an Ocean Network Express (ONE) update. The 2007-built container ship has 330 reefer plugs, but the number of the reefer boxes onboard remains […]

PORTIC, the port community system (PCS) at the Port of Barcelona has integrated its data with TradeLens, the blockchain-enabled digital logistics platform jointly developed by A.P. Moller-Maersk and IBM. This integration means the exchange of information in real time to allow greater detail about the operations that take place in Barcelona’s port, contributing to more […]

The Export-Import Bank of Korea (Korea EXIM Bank KEB) and Multi-Asset Global Investments, an offshoot of South Korean financial services group Mirae Asset, will provide the US$30 million finance for HMM’s new containers. In February, HMM ordered 17,000 40ft containers from China International Marine Containers and Pan Ocean Container Supplies. The liner operator is set […]

South Korean ship owner Sinokor Merchant Marine has reportedly ordered up to a dozen 1,800TEU feeder ships from compatriot shipbuilder Hyundai Mipo Dockyard (HMD). Anchor Shipbroking stated that Sinokor had placed firm orders for six ships, with options for another six vessels. Each ship is said to be priced at around US$27 million. Sinokor operates […]

CMA CGM has announced that it is raising surcharges for European and South America services as port congestion and equipment shortages continue to bite with shippers facing unprecedented levels of cost with deteriorating levels of service on a global basis according to the latest data from project44. April rollover figures from project44 revealed that CMA […]

Ocean Network Express (ONE) has announced that the 4,888TEU NYK Delphinus has experienced a fire in the engine room on 14 May, which now is under control. The vessel, serving in ONE’s Atlantic 5 (AL5) service, is now on the West Coast of the United States and was awaiting berth at the Port of Oakland, […]

Thai intra-Asia carrier Regional Container Lines’ net profit for Q1 2021 grew 240-fold to THB2.94 billion (US$94.19 million), a figure the management described as “phenomenal” as it was more than double the THB1.3 billion (US$43.42 million) net profit for 4Q 2020. Although cargo volume grew by just 6% from Q1 2020 to 517,000TEU, the shortage […]

Singapore and the Netherlands have collaborated since 2019 to explore electronic bills of lading (eBL) on the Europe-Far East trade lane where Singapore and Rotterdam are two major transhipment ports. This trial demonstrated that an eBL issued by one platform could be verified and processed by another digital trade platform, according to an announcement by […]